Viavi Solutions (VIAV) executive compensation, 2025 proxy

Oleg Khaykin, President and Chief Executive Officer, was paid $10.6M in FY25, up 27% from $8.3M the year before. The CEO-to-median-employee pay ratio was 106:1, on median employee pay of $100,318.

Filed
October 3, 2025
Annual meeting
November 12, 2025
Pay year
FY25
Named executives
5
CEO total pay
$10.6M+27% vs prior year
CEO to median employee
106:1median $100,318
CEO pay in equity
86%$9.1M in awards
Prior say-on-pay support
94%of votes cast
CEO FY25 stock awards
$9,114,27786% of CEO total compensation
CEO FY25 incentive
$576,562Non-equity incentive compensation
FY25 CEO MSUs
$8,819,991Maximum possible grant-date value
CEO equity allocation
60%Performance-based equity allocation

How Khaykin was paid

$10.6M in total for FY25, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards86%Non-equity incentive5%All other compensation0%

Named executive officers

ExecutiveTotal
Oleg KhaykinPresident and Chief Executive Officer$10,595,839
Ilan DaskalExecutive Vice President and Chief Financial Officer$3,972,272
Paul McNabExecutive Vice President, Chief Marketing Officer and Chief Strategy Officer$1,598,110
Luke ScrivanichSenior Vice President & General Manager, Optical Security & Performance Products$1,803,917
Gary StaleySenior Vice President, Global Sales, Network and Service Enablement$1,854,239

What changed and why

  • $10.6M$10,595,839 CEO total compensation in FY25, versus $8,327,769 in FY24.
  • 63%63% of FY25 CEO target total direct compensation was performance-based and 92% was at risk.
  • $191K$190,687 and $385,875 were the CEO’s FY25 first-half and second-half VPP payouts.
  • 51.00%51.00% of the FY2022 MSU third tranche, 15.33% of the FY2023 second tranche, and 41.67% of the FY2024 first tranche were earned.
  • 37.5%40.3, 29.6, and 37.5 percentile TSR rankings supported the FY2022, FY2023, and FY2024 MSU results, respectively.
  • 94%94% of votes cast favored the executive compensation program at the 2024 annual meeting.

Other Viavi Solutions proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.